German Finance Minister Wolfgang Schäuble says the IMF took some convincing to stick around. In return Germany acknowledges a possible need for debt relief for Greece - in 2018
Higher than expected tax revenue and lower spending have led to the surplus, the fifth in as many years. Still, no one is rushing to invest the extra cash, something critics say is desperately needed.
Merkel and Tsipras discussed Greece's return to economic stability as well as immigration and Macedonia. Protests, banned in hopes of avoiding scenes similar to her last visit, were quelled by police using tear gas.
Germany's Finance Minister Olaf Scholz called the Greek bailout a success and a sign of EU solidarity. But the country still faces decades of debt repayment and economic recovery.
Italian Deputy Minister Michele Geraci has told DW it makes little sense to compare the Italy of today with Greece when it faced an international bailout. He defended Rome's budget plan, saying it would fuel growth.
© 2019 Deutsche Welle |
Legal notice |
| Mobile version